Report Overview

Global Automotive Communication Technology Market was valued at USD XX Billion in the year 2017. Global Automotive Communication Technology Market is further estimated to grow at a CAGR of XX% from 2018 to reach USD XX Billion by the year 2023.

Asia-Pacific region holds the highest market share in 2017 and also considered as the fastest growing market in the forecasted period. At a country level, developed markets like China holds the notable market share in 2017 and it is projected to grow at a gradual rate in the coming years.

STMicroelectronics, Broadcom Inc., Robert Bosch GmbH, Microchip Technology Inc., Texas Instruments Incorporated, Toshiba Corporation, ON Semiconductor, NXP Semiconductors N.V., Renesas Electronics Corporation, Infineon Technologies AG, are some of the key players in the Automotive Communication Technology Market with Toshiba Corporation holding the substantial market share because of its better technological advancements and global reach. Technological upgradation to cater changing demand of end users, similarly, growth strategies such as acquisition & merger were few techniques adopted by most of the top players in last 5 years.

Drivers:

Increasing the contribution of Electronic Systems in Passenger Cars

Restraints:

More Complexity and Less Reliability of Electronics Architecture

Opportunities:

Rise in Sales of Premium Vehicles

Challenges:

Additional Vehicle Cost

Segmentation done on the basis of Bus Module includes Controller Area Network (CAN), Media-Oriented Systems Transport (MOST), Local Interconnect Network (LIN), FlexRay and Ethernet of which the Controller Area Network (CAN) segment is expected to hold the highest market share during the forecast period. On the other hand, segmentation done on the basis of Vehicle Class Type includes Luxury, Economy, and Mid-Size of which Economy segment is expected to grow at the highest CAGR during the forecast period.

Key Benefits for Stakeholders

Automotive network hardware manufacturers,

Automobile manufacturers, organizations/associations

Information Technology firms and system integrators,

Cloud service providers, Compliance regulatory authorities

Government agencies

By Vehicle Class

Luxury

Economy

Mid-Size

By Bus Module

Controller Area Network (CAN)

Media-Oriented Systems Transport (MOST)

Local Interconnect Network (LIN)

FlexRay

Ethernet

By Application

Infotainment & Communication

Body Control & Comfort

Powertrain

Safety & ADAS

By Region

North America

Europe

Asia-Pacific

RoW

Key Market Players

STMicroelectronics

Broadcom Inc.

Robert Bosch GmbH

Microchip Technology Inc.

Texas Instruments Incorporated

Toshiba Corporation

ON Semiconductor

NXP Semiconductors N.V.

Renesas Electronics Corporation

Infineon Technologies AG

(Another brief information of 10 companies will be provided in a report)

Raw Market Data is collected and compared with the Existing in-house Data on a broad front.

Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.

To avoid bias, we filter the collected data collected from authenticated sources.

GMI has a well proven Statistical Modeling System for estimates and forecasts.

Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.

Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.

Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.